Interest of tds

if we paid interest on late payment of tds is it disallowed under section 37(1) of income tax act
Replies (2)
Quick Summary
This discussion addresses whether interest paid on late Tax Deducted at Source (TDS) is disallowed under Section 37(1) of the Income Tax Act. The consensus is that such interest payments are indeed disallowed for tax purposes under this specific section.

Yes, Exactly.
If we paid interest on tds it's disallowed.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register